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E1 Exam Dumps : Managing Finance in a Digital World

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Managing Finance in a Digital World Questions and Answers

Question 1

Which of the following is an example of a formal relationship in which two organisations legally contract to co-operate in defined ways to achieve specific commercial objectives?

Options:

A.

Outsourcing

B.

Strategic Alliance

C.

Shared Service Centre

D.

Merger

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Question 2

The psychological contract is by nature:

Options:

A.

unwritten and not legally binding.

B.

legally enforceable due to custom and practice.

C.

written as part of a worker's terms and conditions.

D.

renegotiated annually between management and unions.

Question 3

Porter's Value Chain was developed to determine whether a firm's activities contribute towards it's competitive advantage. E is the new Chief Executive of an organisation which manufactures and distributes hand made wooden furniture. His initial observations are that sometimes the workflow through the organisation can be a little disjointed and it is unclear from overall results which areas contribute to profit and quality and which do not. Using Porter's Value Chain model, identify which THREE of the options below are Primary activities.

Options:

A.

Inbound logistics

B.

Marketing and sales

C.

Operations

D.

Human resource management

E.

Technology

F.

Procurement